We offer our expertise in regulated incorporations for those who wish to set-up companies that conduct financially regulated activities licensed by the Central Bank of the U.A.E., the FSRA and the DFSA. Our scope ranges from reviewing Regulatory Business Plans, Financial Projections, Regulatory & other Business Manuals, and Application Forms to preparing them from scratch based on our clients’ needs. We also lead all correspondence with the licensing authority and regulator.
Both ADGM & DIFC are key financial hubs in the Middle East. While both jurisdictions offer business friendly environment, each offers distinct opportunities and benefits depending on the needs of the business.
Service line breakdown
DIFC
- Situated in Dubai and regulated by Dubai Financial Services Authority (DFSA)
- Renowned for advanced infrastructure and support for financial activities including Banking, Asset Management & Fund Administration
- Boasts s strong international reputation with over 20 years of operations
- Operates under its own set of laws and regulations, primarily based on English law
- Provides access to Dubai’s extensive business community
ADGM
- Situated in Abu Dhabi and regulated by Financial Services Regulatory Authority (FSRA)
- Renowned for FinTech friendly environment and sustainable investment initiatives
- Offers competitive pricing structure for incorporation and ongoing operations
- Strong support for SMEs including various incentives and programs
- Adopts and applies English common law, subject to specific conditions
- Proximity to Abu Dhabi’s Sovereign Wealth Funds (SWF)
Facing any of these situations? It’s time to reach out.
Jurisdiction selection & licensing requirements
- Guidance on choosing between ADGM and DIFC based on your business model.
- Understanding licensing categories and regulatory capital requirements.
Regulatory approval & application support
- Assistance with preparing regulatory business plans, financial projections, and application forms.
- Establishing correspondence with DFSA, FSRA, or the Central Bank of the UAE.
Navigating financial regulatory compliance
- Expert support in meeting complex financial regulatory requirements in the UAE.
- Preliminary assessment of timeline, costs, and regulatory obligations for licensing.
Cross-border & multi-jurisdictional compliance
Guidance on compliance for cross-border financial activities across multiple jurisdictions.
Post-licensing compliance & ongoing regulatory obligations
Support in understanding and fulfilling post-licensing compliance requirements.
Transitioning to a financial free zone entity
Assistance with transitioning from a mainland UAE company to a regulated financial free zone entity.
